Latest News
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40Local NewsNigeria’s Oil, Condensate Output Rise 30m Barrels Y-o-Y Amid Anti-crude Theft Fight
Compared to 2023, Nigeria’s total crude oil and condensate production rose by 30 million barrels in 2024, about 5.6 per higher than...
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39Local NewsFG Working to Eliminate Grid Collapse –Power Minister
The Federal Government yesterday said it is working to eliminate grid collapse from the nation’s power sector in the long term. The...
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90Stock MarketStock Market Opens Week in the Red as ASI Down 0.1%
EQUITIES The domestic bourse opened the week in the red as profit-taking activities in TRANSCORP (-3.9%) and sell pressures on FBNH (-5.6%)...
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36Banking & FinanceBDCs Struggle to meet ₦2b Recapitalisation Despite Extension
Some Bureau De Change operators are still struggling to meet the fresh N2bn recapitalisation threshold of the Central Bank of Nigeria despite...
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158Professional ServiceNAICOM Collaborates with Malaysia on Takaful Insurance
The National Insurance Commission is in collaboration with Malaysia to boost Takaful insurance operations in Nigeria. This came to light when the...
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79Business NewsNigeria’s Foreign Trade by LC Payments Down 52.5% YoY to $506.1m
The Central Bank of Nigeria (CBN) has revealed that Nigeria’s foreign trade by Letter of Credit (LC) payments depreciated by 52.5 per...
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128AgricultureNigeria Receives 32 tons of Rice from Thailand as Hunger Bites Harder
Amid escalating hunger and food insecurity, Nigeria has received a 32-ton shipment of rice from Thailand, offering temporary relief as the nation...
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129Industry & MoneyOil Export: NUPRC Begins Real-time Tracking to Tackle Losses
The Nigerian Upstream Petroleum Regulatory Commission says it is set to enhance transparency and accountability in Nigeria’s oil and gas sector through...
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75Banking & FinanceCBN Unveils Diaspora-friendly Accounts to Boost Investments
The Central Bank of Nigeria (CBN) has unveiled two new financial products aimed at attracting investments from Nigerians living abroad. The Non-Resident...
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72Business NewsIn Key Breakthrough, NUPRC Data Confirms Nigeria’s 1.5 Million bpd OPEC Oil Output
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million barrels per day in December...
